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points in the negotiations: pensions. listen to this. >> yes, the economy has changed, things have changed but we have to remember one thing. the n.f.l. is not like caterpillar. they're a virtually a monopoly with -- contributing 06% less to our pension through a defined contribution was unacceptable to us and it was a take it or leave it deal for them. >> reporter: it is those pensions that the ref union and n.f.l. were able to compromise on. so here's some of the terms of this tentative agreement. the current pension plan will remain in place for the current n.f.l. refs through the 2016 season. then it will be frozen and replaced by a defined contribution agreement starting in 2017. and then finally the referees' salaries will increase from an average of $149,000 a year to $205,000 a year by 2019. a lot of people are thinking my goodness, you know, these refs will have less than 24 hours notice to begin officiating tonight's game in baltimore. how are they going to do it? we'll talk about that coming up at 5:30. mike, andrea? >> all right, thanks, kristin. going to be interesting
he doubts the banks' efforts to boost the economy will actually work. of course investors didn't like hearing that. checking the numbers the dow stands at 13,457, dropped 101 points in trading yesterday. nasdaq had a rough day, too, down 43 points. the s&p 500 was down by 15. >>> super hero costumes are expected to be big this halloween and the spending is expected to be pretty big, too. consumers are likely to spend $8 billion over the next month on halloween according to a national retail federation survey. a record 170 million people or about 72% of americans are expected to observe the day. spending for the afternoon person will rise to just under 80 bucks this year. that's over $7 up from last year. >>> meantime a new survey shows free checking is quickly becoming a thing of the past. bankrate.com finds just 39% of checking accounts don't charge fees. think back to three years ago. 76% of all checking accounts were free. the study also finds banks are charging higher atms and overdraft fees but we know that. >> it doesn't get any better. what do you have for us in the next half-h
the fiscal cliff quickly approaching in january that could have a huge impact on the economy. here's a live look at the capitol this morning. that cliff, $1 trillion in automatic spending cuts, hits january 1st. but a bipartisan group of senators says that they are working on a three-step process to avoid the cliff. they include reducing the deficit about4 trillion over ten years, an overhaul of the tax code, and changes to medicare and social security. now, if congress can't avoid that cliff, it also means an end to several tax cuts and a huge boost in the action at thats you will pay. the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in ho
talked to voters in southern virginia. >> growing our economy begins with a strong and thriving middle class. >> reporter: while mitt romney talked with veterans about looming cuts to the military in the northern part of the state. >> 136,000 jobs will be lost in virginia as a result of this move. >> reporter: the candidates will spend time this weekend preparing for next week's debate ahead of the faceoff in denver both campaigns seem to be trying to lower expectations. >> we are looking forward to the debates as you know, and there have been difficulties. you have to give the president some credit for the campaign they're running. >> reporter: romney's staff issued a talking points memo telling surrogates to point out how well president obama has done in past debates. >> as president i'm going to have to make some tough decisions. >> reporter: the obama campaign issued a statement pointing out the president hasn't debated since 2008. >> 10,000 bucks? >> reporter: while governor romney got some practice in during the primaries. obama campaign spokesman says the worst-case scenario is
. >> reporter: the last -- the debate will focus on the economy. in an op-ed, romney has said the president has shown weakness in the middle east. he says president obama has heightened the prospect of conflict and instability. he does not understand that an american policy that lacks resolve can provoke aggression and encourage disorder. white house aides say the president is looking forward to debating foreign policy with mitt romney. >> this president promise add few things in 2008. wee end the iraq war. he did. wee take the fight to al qaeda and degrade them. he has. >> reporter: romney is said to be planning a major foreign policy speech to be delivered in the next few weeks. >>> it's 5:53. let's take another look at the question of the day. according to parents magazine, dads are much faster than mom at doing one of these things. is it a, changing diapers, b, making school lunches, or c, putting a newborn to sleep? >> here's a look at a response you posted on the wusa9 facebook fan page. hard one but i'll go with c. my us brand was good at that and still is but with our 120-pound dog, i'l
Search Results 0 to 4 of about 5